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Sun Pharma to raise Rs 10,000 crore to part-finance Organon deal

viaeconomictimes.indiatimes.com21 Oct
Sun Pharma to raise Rs 10,000 crore to part-finance Organon deal
Sun Pharmaceutical Industries plans to raise ₹10,000 crore through two tranches of rupee-denominated bonds. The funds will help refinance bridge loans taken for the Organon acquisition valued at $11.75 billion. The first tranche will amount to ₹7,000 crore with a coupon rate of 8.20%. Institutional…

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